Post
Topic
Board Gambling
Re: 🎲BetFury.io|🎁Welcome Pack on BetFury| 💸300 Free Spins + 150% Deposit Bonus
by
Fivestar4everMVP
on 28/12/2022, 18:16:23 UTC
If one plans to earn money through staking rewards then this will not work for him but if one wants to invest in a token for a long time as it is potential  .  So if he does not hold freely those tokens and keeps them in staking, he will get some additional tokens from there which will give some support to his investment. This is the potential benefit of staking
Before saying this token is worth it to hold for long time, you need to check the price history first [1] as you can see after one year, did this token price is increase in the long run? nope. It keep decrease similar like fiat where inflation always happen in every year.

To be honest it looks like Betfury is slowly become inactive and doesn't have many improvement, unlike the beginning where they're active and many people are supporting this project.


[1] https://www.coingecko.com/en/coins/bfg-token

I do not think this is the right way to judge a token. In the last year, name me any token or coin that is able to sustain its price during this year's bear market.

All the coins have lost 80-90% of their value and the same is the case with BFG. I am sure that BFG token has a good use case and once this bear market is over we will see some good momentum in its price.

Also, BFG is not yet available in binance and other big exchanges. Once it is listed there, we can see another price momentum in its price.
The best time to invest is when price is cheap, and that is now, but it surprises me that it is the other way round for most people, they would rather invest, that is fomo in when they see the price going up rather than buy when its super dead cheap.
Any investor finding BFG to be really good and believe the price will increase significantly in the future, now is the time to buy, don't wait until binance and some other major exchanges listing...
Get greedy when others are fearful and be fearful when the majority are greedy.

It's surprising that BFG holds its ground still being one of the popular casino tokens after all the turmoil going on in crypto. There are lots of believers in this project when one will really dig in since one can earn BTC and other tokens upon staking BFG. They gotta maintain thier popularity coz if the discussions about this died down, they may also lose the battle.

They were doing a signature campaign weeks ago, they might need more on social media as well. That free spin that only makes people win the FUNfury, is not helping.

Well, I am not surprised because with my little experience in the space, I do know that every good coin or token will always hold there ground even when every other thing in the market is crashing.

But speaking of BFG, I think it's major strength right now is the ability to stake it which the team made available for investors, if there was no ability to stake the token for reward, trust me, the price would have gone far Lower than it currently is.